An IRS or New Jersey tax audit does not disappear because you ignore the notice. Learn what can happen when a business owner fails to respond, has missing records, misses deadlines, or has already closed or sold the business.
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An IRS or New Jersey tax audit does not disappear because you ignore the notice. Learn what can happen when a business owner fails to respond, has missing records, misses deadlines, or has already closed or sold the business.
By Frances A. Tomes, Esq. New Jersey and IRS Tax Audit Attorney Receiving an IRS audit notice can be scary. It can also be confusing. The most important thing is not to panic and not to start sending documents right away. First, find out what the IRS is looking at. Read the notice. Check the … Continued